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Don Coxe: Commodities resuming long-term upward trend

Posted on 01 October 2013

With cumulative growth in Asia well above 4% and the Eurozone finally emerging from deep recession, commodities have resumed their long-term upward trend, says commodity strategist Don Coxe of Coxe Advisors.
Massive leverage flooded into all areas of the market before the crash of 2008. Commodities, as measured by the CRB Index, were hit especially hard as they tumbled from all-time highs back to levels seen six years prior. Since then, copper—a reliable indicator of global economic activity—has retraced most of its losses. The price of iron ore has soared on increased demand from China………………………………………..Full Article: Source


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